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Gold prices hit 10-week high as dollar weakens
Nada Ali Published in Amwal Al Ghad on 21 - 01 - 2025

Gold prices reached a ten-week high on Tuesday as the US dollar weakened after President Donald Trump's inauguration, prompting investors to turn to the safe-haven metal amid uncertainty over his tariff proposals.
Spot gold prices increased at 8:00 AM GMT by 0.74 per cent to $2,728.40 per ounce, compared to the previous closing price of $2,708.31.
Meanwhile, US gold futures fell 0.28 per cent to $2,741.01, compared to Monday's closing of $2,748.7.
Attribution: Amwal Al Ghad English, Reuters
Subediting: Y.Yasser

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